Bank of India raised ₹2,500 crores through tier two bonds at 7.49% coupon rate. The funds will support normal business activities, not specific projects.
Neville Noronha, CEO of Avenue Supermarts, will not renew his contract ending in January 2026 after leading the company for over two decades. Anshul Asawa
The retailer’s EBITDA margin fell to 7.9% in Q3FY25 as compared to 8.5% in Q3FY24 while the PAT margin also decreased to 5% vs 5.5%
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